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Monthly MBL reward for ONT Stakes

MovieBloc | 12.20| 364

Hello MovieBloc community,

All Ontology (ONT) stakers who participate in stake authorization to MovieBloc candidate node will receive OEP-4 MBL as reward monthly.

The details are as follows:

Total amount: 50,000,000 MBL
Duration: 6 months (January 2020 to June 2020)

Monthly airdropped by each user =
Monthly airdrop amount* User ONT Staking amount ratio
ratio = User ONT staking / Total ONT staking at MovieBloc candidate node

<Note>

  • ONT staking amount under 500 ONT will not be included into the calculations.
  • Every 500 ONT will count as 1 vote.
  • ONT staking amount is calculated at each consensus round and distributed monthly. Distributions will be completed at the beginning of the following month.
  • If the total staking amount is under 250,000 ONT, the monthly airdrop amount will be cut down half as 25,000,000 MBL

Thank you for your support,
MovieBloc

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